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Meridian

MRBKNASDAQ
Logo brought to you by Benzinga Data
$16.31
0.815.23%
At close: -
$12.95
-3.36-20.60%
After Hours: Oct 15, 4:02 PM EDT
Consensus Rating1
Market Perform
Highest Price Target1
$17.00
Lowest Price Target1
$13.00
Consensus Price Target1
$15.40

Meridian (NASDAQ:MRBK) Stock, Analyst Ratings, Price Targets, Forecasts

Meridian Corp has a consensus price target of $15.4 based on the ratings of 5 analysts. The high is $17 issued by DA Davidson on October 29, 2024. The low is $13 issued by Keefe, Bruyette & Woods on May 4, 2023. The 3 most-recent analyst ratings were released by DA Davidson, Piper Sandler, and Piper Sandler on October 29, 2024, October 29, 2024, and July 30, 2024, respectively. With an average price target of $15 between DA Davidson, Piper Sandler, and Piper Sandler, there's an implied 15.83% upside for Meridian Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jul
1
1
Oct
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
1.4
Strong Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

DA Davidson
Piper Sandler
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods

1calculated from analyst ratings

Analyst Ratings for Meridian

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Meridian (MRBK) stock?

A

The latest price target for Meridian (NASDAQ:MRBK) was reported by DA Davidson on October 29, 2024. The analyst firm set a price target for $17.00 expecting MRBK to rise to within 12 months (a possible 31.27% upside). 4 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Meridian (MRBK)?

A

The latest analyst rating for Meridian (NASDAQ:MRBK) was provided by DA Davidson, and Meridian maintained their buy rating.

Q

When was the last upgrade for Meridian (MRBK)?

A

There is no last upgrade for Meridian

Q

When was the last downgrade for Meridian (MRBK)?

A

The last downgrade for Meridian Corp happened on January 29, 2024 when Piper Sandler changed their price target from $14 to $13 for Meridian Corp.

Q

When is the next analyst rating going to be posted or updated for Meridian (MRBK)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Meridian, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Meridian was filed on October 29, 2024 so you should expect the next rating to be made available sometime around October 29, 2025.

Q

Is the Analyst Rating Meridian (MRBK) correct?

A

While ratings are subjective and will change, the latest Meridian (MRBK) rating was a maintained with a price target of $15.00 to $17.00. The current price Meridian (MRBK) is trading at is $12.95, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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